RE: Can digital currencies really replace traditional money?
Today, money is the cause of most problems. But it is the most important thing that man invented. And it looks like it will not lose its importance in the future.
The physical landscape of the global economy from the marble pillars and giant halls of classical banks to the skyscrapers of modern financial districts has undergone an incredible change over the last century.
Here are the banknotes and the registration money. The dollar rushes in the money. Against the dollar empire, other countries want to strengthen their currencies. In trade, the use of spindle money is being tried. Euro wants to be a rival. The banking system is highly developed. Every day in the world billions of electronic money transfers (EFT) take place. Barter systems are evolving. It is being questioned whether the cash will be replaced by digital money.
According to author John Sladek, "the future will be the same as the past, but much more expensive," according to some scholars.
But if you look at the development of Bitcoin / crypto money, which is the subject of our writing, the history will be watched again. Whether it's paper money or digital money, those who live in it will see it.